馃攳
Best BULL FLAG PATTERN Trading Strategy With Real Trading Examples // Learn Trader Secrets - YouTube
Channel: Mete Kaplan
[0]
what's up guys i hope all of you are
[2]
amazing today
[3]
now we're gonna go over both like
[6]
pattern examples
[7]
as you know we have already learned how
[10]
to create both luck patterns and the
[12]
most important trading essentials of
[14]
full flex please check that video first
[16]
before starting to watch this one
[18]
because i've shared all my trading
[20]
secrets and tips on that trading video
[23]
if you're all set let's go
[29]
before i move to a real example please
[32]
let me do a very quick summary of both
[34]
flags
[36]
the first type is the catalyst movers in
[39]
this example stuck moves around
[41]
regularly without any exterior moves
[44]
and then a catalyst comes up a piece of
[48]
important news earning reports product
[50]
launches 52-week high or all-time high
[55]
and our stock price bursts sharply
[58]
and this creates our pole
[62]
what we want here is a rising or a high
[65]
volume in this phase
[68]
then we enter the consolidation
[70]
period this could be a big resistance
[73]
point or sellers just take profits from
[76]
their positions
[79]
what we want here is a decreasing value
[82]
or at least a stable one
[84]
now our flagship came into existence
[88]
the expected move is around the length
[91]
of the pole
[94]
another place where we see both flags is
[97]
uptrends
[98]
let's continue from this example
[102]
a catalyst could start an uptrend easily
[106]
and uptrends are heavens of the bullflex
[110]
if you go into lower time frames like
[112]
one minute five minutes or one hour
[115]
you'll see many bull flags
[118]
these are traded mostly by day traders
[121]
and scalpers
[124]
so how do we enter a trade for bull flag
[127]
pattern
[129]
after the consolidation period we want a
[131]
breakout of the flag to enter
[135]
just around here is a great entry
[138]
and we place our stop loss order just
[142]
under the flag
[143]
ok guys this was our quick recap of how
[147]
to trade both luck patterns
[149]
let's move on to
[154]
examples so let's talk about bull flags
[158]
on uptrends
[160]
as you can see nio has had this
[163]
significant uptrend for a long time
[167]
and it's forming a nice bull flag just
[170]
over here
[172]
this is the pole
[175]
and as you can see the flag shape here
[179]
and if you check the volume
[181]
it's rising with the pole
[185]
and decreasing with the consolidation
[187]
period
[189]
finally i'm checking with ema 9 and 20.
[194]
for an extra confirmation about we are
[197]
coming to an end of the consolidation
[199]
period
[202]
now how do we enter the strength
[206]
we wait for a record from the flag
[211]
and place our stop loss order
[214]
just below the flag
[217]
now the expected move is around the
[220]
length of the pole
[223]
let's play the trend
[243]
before moving to the next example let me
[245]
teach you a little secret for
[247]
identifying bull flags
[250]
now sometimes candlesticks could be
[252]
really confusing to identify the bull
[254]
flags
[256]
so i use this hiking ashy bar style from
[259]
time to time if things are not clear
[263]
it makes it much more easier for traders
[267]
to identify patterns formations or
[270]
trends
[272]
one small flag here
[275]
one big bull flag pattern here
[279]
and there's another one which didn't
[281]
work
[283]
if i entered this trade i could have
[285]
been stopped
[287]
so as you can see identifying bull flags
[290]
with hiking ashy is extremely simple
[293]
if you are a beginner please use it
[300]
52 weeks high
[303]
this is my favorite watched by day
[305]
traders to long-term investors
[308]
now let's see how to trade 52 weeks high
[312]
amd is our example
[316]
this is our 52-week line there are many
[319]
free indicators that show this line that
[322]
you can find in the trading view
[324]
just put an alarm on this one or create
[327]
a scanner in your trading platform
[330]
i use thinkorswim from td ameritrade
[335]
why 52 weeks
[337]
because once it's broken it ignites a
[340]
strong uptrend
[342]
and uptrends are heaven for trading both
[345]
luck patterns
[349]
what i like is i let the breakout happen
[352]
first
[353]
and wait for the consolidation period
[357]
now see it happen
[361]
breakout happened and we are now in the
[363]
consolidation period
[365]
and our flock shape is very obvious now
[369]
i also want to confirm with the value
[373]
volume is rising as we want
[377]
and in the consolidation it's declining
[381]
perfect
[384]
now how to trade double flag pattern
[388]
we enter the trade once the flag is
[392]
broken and right after that place our
[396]
stop loss order below the flag
[400]
our profit target is in the length of
[403]
the poll
[407]
finally i'll check the ema 9 and 20 for
[411]
an extra confirmations
[414]
in order to check if the consolidation
[416]
is about to end or not
[420]
let's watch the trade now
[450]
all-time high ath
[453]
our next example is ea electronic arts
[457]
trading all-time highs have no
[460]
difference than 52 weeks high
[463]
same principles apply
[465]
however all-time highs are so powerful
[468]
resistance points
[471]
but once is broken
[473]
sky's the limit
[474]
because there's no resistance at all
[488]
again i wait for a breakout and
[490]
consolidation first
[493]
let's let it happen first
[496]
trading all about patience
[498]
think of yourself as a hunter
[501]
and wait for your prey
[503]
this may take several days or weeks
[506]
this is why we put alarms on possible
[509]
trades
[511]
it's not practical to sit and watch
[514]
every stock every single moment
[519]
now price is broken and consolidation
[522]
happened
[523]
we have our flag
[528]
so we wait for a breakout moment from
[531]
the flag to enter the trend
[535]
by the way confirming the volume action
[537]
is always good
[539]
as you can see
[541]
volume is increasing
[544]
and declining
[548]
a perfect environment for trading bull
[550]
flags
[552]
let's place our entry and stop loss
[555]
orders
[561]
now let's watch the trade
[582]
golden cross
[584]
this one is generally used by
[586]
position traders or long-term investors
[590]
however i always use it to confirm
[594]
whether we are in an uptrend or not
[598]
it's generally considered as
[601]
one's 50 sma crosses over 200 sma upside
[607]
this means that we are starting an
[610]
uptrend
[611]
a bullish momentum
[614]
as you can see
[615]
a cross happens here
[617]
and uptrend starts in our tesla stock
[622]
now all we need to do is check for both
[625]
legs
[629]
and yes you can see one here a very
[631]
clean and obvious bull flag pattern
[636]
let me draw the pole flag and our target
[644]
as always i'm checking the volume
[648]
as you can see
[649]
it's increasing within the pole shape
[655]
and decreasing during the consolidation
[660]
finally i'll check the ema 9 and 20 for
[664]
an extra confirmations
[669]
now let's watch our trades
[694]
earning reports
[696]
earning reports are generally create a
[699]
very big
[700]
very volatile moments on stack
[704]
if you are a beginner trader
[706]
you should never touch earning reports
[709]
there's a special trading strategy
[712]
called earning reversal by day traders
[716]
i'll also teach this on my youtube
[718]
channel later on
[721]
now what we do for earning reports
[724]
we wait one two weeks after the report
[728]
and check if the report creates the
[730]
bullish or bearish momentum in the stack
[736]
after that we scan for bullflex
[740]
as you can see we have a nice ball for
[742]
flag just right here
[746]
let's look at the volume
[749]
this time volume looks stable
[752]
not that much increasing
[755]
this may reduce our chances of a winning
[759]
trade
[761]
finally i'm checking ema 9 and 20.
[766]
if the price consolidation is about to
[769]
end or not
[772]
and it looked nice
[773]
now let's watch the trade
[800]
product launches
[802]
actually trading earning reports product
[805]
launches deals contracts murders or
[808]
acquisitions are similar
[811]
i would never suggest you trade them the
[814]
day they happen
[816]
they are majorly traded by the day
[818]
traders and scalpers on the same day or
[821]
week
[823]
and these people create intense
[826]
volatility in that stock the same week
[830]
you can't understand if the stock goes
[833]
up or down
[835]
let things settle for a week unless you
[839]
are a dictator or scalper
[841]
i'll teach you the secrets of day
[843]
trading and scalping in my channel soon
[847]
let's get back to apple events and
[850]
launch for iphone ipad and mac lineups
[855]
first fix of the stock is volatile
[859]
but finally
[861]
it follows an existing trend
[866]
and forms our beloved flagship
[871]
let me draw it for you
[875]
if i check the volume
[877]
it looks flat
[879]
and not exciting to me
[883]
this will be a riskier trade than normal
[886]
this is why we use stop loss orders for
[890]
managing our risks always
[893]
now let me check ema 9 and 20 support
[900]
it looks like it nicely taps and bounces
[903]
from the ema to end line
[907]
now let's place our entry and stop loss
[911]
orders
[917]
and let's see what happens
[944]
now i would like to talk about these
[946]
three day trading and scalping
[947]
techniques which are mostly used by day
[950]
traders and scalpers
[952]
i'll teach it in much more detail in a
[955]
day trading playlist series in the
[957]
future
[958]
so i will switch to think or swim
[961]
software from td ameritrade which i use
[964]
every day for my day trading sessions if
[967]
you're trading under a 24 hour frame you
[970]
are no more concerned with the economy
[973]
interest rate fat talks and so on what
[975]
you need mostly daily catalyst support
[979]
and resistance points and the breakouts
[983]
i have just recently traded in william
[986]
it was just a heaven for bull flags
[989]
in my day trading sessions i use one
[992]
minute or five minute charts depending
[995]
on the stack
[996]
nowadays i use five minutes more because
[999]
there's so much noise with one minute
[1002]
charts
[1004]
i have a special indicator called wewa
[1007]
which is used by
[1008]
almost
[1010]
99.9 of day traders
[1013]
this pink moving average is the weaver
[1019]
it's simply a value weighted average
[1022]
price
[1024]
if the price is over weave up we assume
[1028]
the trend is up
[1030]
and we check for the bull flags
[1035]
vice versa pear flax
[1040]
it's just as simple as that
[1042]
this green line shows me yesterday's
[1046]
highest price
[1052]
and this blue line is pre-market high
[1062]
once the price is over weave up
[1064]
yesterday high and pre-market high
[1068]
my sentiment is a strong uptrend
[1071]
that i start riding bull flags because
[1074]
it's gonna be a heaven for both flags
[1077]
most of the time
[1079]
as you can see there are four bull flags
[1082]
in a row here
[1086]
i traded two of them in the middle
[1091]
our bull flag trading rules are simple
[1094]
look for an uptrend
[1099]
volume increasing during the burst
[1106]
volume decreasing during the
[1108]
consolidation
[1114]
and our entries are simple
[1116]
wait for a strong breakout from the flag
[1124]
my stop loss is my hand i do not use it
[1127]
during day trading or scalping because
[1130]
there is not much time for that
[1133]
you may also use ema 9 during day
[1137]
trading which is loved as much as webup
[1141]
however i have been trading for years
[1143]
now i keep my charts very very clean
[1146]
just watching for the price section
[1149]
this was our brief intro to day trading
[1152]
and sculpting i'll teach every detail
[1155]
about it soon on my channel
[1160]
so i hope you understand how to trade
[1163]
both flag patterns with all these
[1165]
trading examples it's actually really
[1167]
simple the trick of all trading is stop
[1169]
losses and risk management please ask me
[1172]
your questions in the comment section
[1174]
i'm really happy to give you very
[1175]
detailed explanation for all kinds of
[1178]
trading examples if you can hit that
[1180]
like button and subscribe to the channel
[1182]
i'll be able to support this channel and
[1185]
bring much more content to you please
[1187]
take care and be safe guys
Most Recent Videos:
You can go back to the homepage right here: Homepage